The programme will be implemented at an estimated cost of Rs 2,200 crore, with an additional backing from World Bank, which will provide a loan assistance of $200 million.

The Government of Uttar Pradesh has provided 15 acres of land free of cost to build the technology centre in Greater Noida. It will be investing more than Rs 145 crore to create facilities around plant & machinery, development of civil, and associate infrastructure.

The technology centre will also ensure competitiveness of the MSMEs in the ESDM ecosystem by connecting them to the mainstream manufacturing sector across the globe. Apart from technological support, the centre will train nearly 3,000 trainees annually on becoming fully operational.

Speaking on the occasion, Mishra said,

“The National Vendor Development Programme (NVDP) would facilitate matchmaking between large-scale public sector undertakings (PSUs) and MSMEs, by bringing them together at a common platform for mutual benefit of both.”

The technology centre is one of the 15 new such centres being established in the country by the MSME ministry. It will provide support to the MSMEs in the automotive electronics sector towards their technological and skilled manpower requirements.

Since the Noida and Greater Noida area have been at the epicentre of the development of the ESDM industry in north India, the technology centre will focus on ESDM and will address the requirement of the catchment area.

Giriraj Singh, Minister of State for Micro, Small and Medium Enterprises, said,

“Technology centre at Greater Noida will focus to cater to ESDM sector development, innovation & design services, prototyping, testing & calibration, incubation and training in electronic repair & maintenance, and computer hardware & software would be the prominent activities to be undertaken by the technology centre.”

Ram Naik, Governor, Uttar Pradesh, on the occasion said that timely completion of the technology centre is very important for the development of the State.

He asked the Union government for the opening of one more technology centre in Uttar Pradesh at the earliest, in addition to the ones sanctioned at Kanpur and Greater Noida.